Canada on Tuesday sought to close competitive gaps with United States with a budget aimed at attracting investment in the low-carbon economy, including tax incentives for electric-vehicle (EV) manufacturers and expanding the electricity grid. The 2023-2024 fiscal document, delivered to the House of Commons, also has a “grocery rebate” for 11 million low-income Canadians, an […]
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Microsoft Corp on Tuesday launched a tool to help cybersecurity professionals identify breaches, threat signals and better analyze data, using OpenAI’s latest GPT-4 generative artificial intelligence model. The tool, named ‘Security Copilot’, is a simple prompt box that will help security analysts with tasks like summarizing incidents, analyzing vulnerabilities and sharing information with co-workers on […]
Activity at Binance was a pretty clear case of evasion and U.S. authorities needed to step in aggressively and as quickly as possible, the chairman of the Commodity Futures Trading Commission said on Tuesday. The U.S. agency sued Binance, the world’s largest crypto exchange, on Monday. “This seemed to be a pretty clear case of […]
Microsoft Corp has offered to change its cloud computing practices to settle antitrust complaints filed by smaller rivals, a person with direct knowledge of the matter said on Tuesday, a move that will stave off an EU investigation. French cloud computing services provider OVHcloud, Italian cloud service provider Aruba and a Danish association of cloud […]
The U.S. dollar fell against a basket of currencies for a second straight day on Tuesday as easing worries about a banking crisis revived investors’ appetite for riskier currencies. Investors took solace from First Citizens BancShares’ agreement to buy all of failed lender Silicon Valley Bank’s deposits and loans, and the fact that no further […]
Shares of First Citizens BancShares Inc climbed to a record high on Tuesday, extending gains for a second day after scooping up the assets of failed peer Silicon Valley Bank. First Citizens BancShares rebounds to record high, https://fingfx.thomsonreuters.com/gfx/mkt/gdvzqkemmpw/Pasted%20image%201680024643514.png First Citizens rallied as much as 7.2%, briefly hitting an all-time peak of $959.99 before paring gains. […]
EU antitrust regulators gave unconditional approval for Alphabet unit Google’s acquisition of Croatian maths app Photomath, the European Commission said in a statement on Tuesday. The EU Commission said the deal would not reduce competition in the markets for “online homework and study help tools that include maths as a subject offering and general search […]
Out of all the technological advancements I’ve researched, artificial intelligence (AI) remains my favorite. Seconded by quantum computing, the supercomputer’s jacked cousin. You see, AI and all it entails are a complex network so versatile it fits in literally every industry, including telecommunications and connectivity, law and politics, and even in the coffee industry. Meet […]
Relativity Space could revolutionise space travel with 3D printing. Relativity Space launched its Terran 1, an entirely 3D-printed rocket, from Launch Complex 16 in Cape Canaveral, Florida last Wednesday night. Standing at 110 ft. tall and 7.5 ft. wide, Terran 1 is the largest 3D-printed object to attempt orbital flight. As a two-stage, expendable rocket, […]
Spain’s competition watchdog CNMC has opened a disciplinary case against Google for alleged anti-competitive practices affecting publishers and Spanish news agencies, the regulator said on Tuesday. CNMC said it was investigating whether Google had abused its dominant position in the Spanish market. The proceedings involve Google LLC, Google Ireland Ltd, Google Spain, S.L. and their […]